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LendingClarity.com


Clarification on First Time Buyer Tax Credit: Who Qualifies?

For awhile, circumstances have existed where the application of the First Time Buyer Tax Credit is unclear.  For example, what about when a couple buy a home and one is a first time buyer and the...

Started in LendingClarity.com • 1 day ago • 0 responses
Tags: 1st x buyer
First Time Buyer Tax Credit Video

Here’s an informative video on this topic. Watch the Chief Economist of NAHB answer frequently asked questions about both the First Time and the Repeat Buyer  tax credits.

Started in LendingClarity.com • 4 weeks ago • 0 responses
Tags: mortgage rates
The Move-Up Buyer Tax Credit

One piece of the Worker Homeownership, and Business Assistance Act of 2009 just signed into law last week by President Obama, was the expansion of the First Time Buyer Tax Credit to include move up...

Started in LendingClarity.com • 4 weeks ago • 0 responses
Tags: 1st x buyer, legislation
Friday Morning Mortgage Update

Mortgage rates should improve a bit this morning on news that October job losses of 190,000 were higher than analysts expected.  Unemployment topped 10% for the first time in a long time.  The...

Started in LendingClarity.com • 1 month ago • 0 responses
Tags: mortgage rates
Strategic Defaults: “It’s Just Business”

Voluntary or “strategic” mortgage defaults are challenging governmental efforts to resolve the real estate crisis.  But what are strategic defaults? “Strategic defaulters often go...

Started in LendingClarity.com • 1 month ago • 0 responses
Tags: loan modification, sac real estate
First Time Buyer Tax Credit to be Extended

It  looks like this is gathering momentum…Senate May Approve Tax Credit Wednesday The U.S. House and Senate are close to an agreement to extend the home buyer tax credit due to expire at the...

Started in LendingClarity.com • 1 month ago • 0 responses
Tags: 1st x buyer, legislation, add new tag
Is This the Turning Point for Mortgage Rates?

Are you waiting for lower mortgage rates?  Don’t be silly. Mortgage rates have started to creep slowly northward these past couple of weeks. The normal volatility associated with stock trading...

Started in LendingClarity.com • 1 month ago • 0 responses
Tags: mortgage rates
Congress to Extend the $8k Tax Credit?

For those of you who thought you may have missed out, momentum appears to be building to extend the $8k tax credit. There are two things that have made this extremely appealing to buyers.  First, it...

Started in LendingClarity.com • 1 month ago • 0 responses
Tags: 1st x buyer
Buyer’s Choice Act Signed Into Law

The Buyer’s Choice Act (AB 957/Gagliani) was signed into law by Governor Schwarzenegger on the 12th of this month.  Thanks to the efforts of California Assemblymember Cathleen Calgiani...

Started in LendingClarity.com • 2 months ago • 0 responses
Tags: legislation
The Dichotomy of Consequence: Tough Love for Main St.

As wave after wave of empty loan modification promises and false homeowner rescue plans wash over us like the hot breath of a Southern Baptist preacher, precious little help arrives from on high. ...

Started in LendingClarity.com • 2 months ago • 0 responses
Tags: economy, rants
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